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yesterday the lack of any talk of fiscal restraint. we know regulations, taxes are going up 2013. kudos to corporate america for pulling in these numbers in this environment. >> how about david garrity? you want to weigh in on these numbers. >> 4% gain on the stock. >> on the ibm numbers, fear there would be around the conference call four years ago. their main stram, which they just launched to september saw good acceptance in the fourth quarter and all the concerns that people had about corporate investment and all that because of the fiscal cliff issue, tax reform. obviously these being put bait by what numbers are being put up in terms offing revenue strength. ibm a good bellwether versus tech bjorklund and paul, david, thipg thank you. my friend snow greco, when do you think in the market will go higher? >> i'll just plead the fifth on that. >> all right. i hear you. thanks for joining us. michael, rich, always good to see you. >> thanks, guys. >> to wrap up, ibm's solid beat on the bottom line and top line better than expected. >> google. top line. bottom line, we're working on it
taxes as the most important issues facing american small businesses and that's double the response for any other issue. the next two were government and relagz. in other news, walmart will announce a plan to hire every veteran that applies for a job. the only requirement? the vets need to have retired from the military within the last year. >>> the house will begin to debate on a $51 billion plan for superstorm sandy victims. more than 90 amendments will be filed by friday. earlier this month, lawmakers approved $9.7 billion to help pay flood insurance claims from the storm. the senate is expected to pick up whatever legislation the house approves, but things are getting testy at this point. you are talking about over 75 days i believe at some point since the storm actually came through. governor chris christie of new jersey has been making harsh comments about how you will not expect in the past of seeing any of the representatives from this area of the country who were voting down bill toes help aide flood and victims in iowa. he doesn't want to see breaking down into you scratch
just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america finan
should seriously look at with tax reform is how do you replace the anti-poor, anti-small business tax. it is the first big hurdle to create a job. how could you design the equivalent for starting your own business? trying to reach out here and realize, every american could be premiership -- of .ntrepreneurshi passing so many laws and regulations and taxes that they kill the start up businesses in ways that are crazy. >> i have to jump in. thank you so much for talking about entrepreneurship. you were there, you were a part of that. there has been so much destruction to the assistance program. talk about rules and regulations. those are things your administration, when you were the speaker of the house, so many of those types of rules and regulations were built into the program, so much that they have not responded to the recession. it is only able to reach about 30% of the children who are poor in this country. an incredible increase in child poverty been. micro finance would may be a great way to insert into the system. if a woman is receiving cash assistance or food stamps and she h
? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spend their money is a way to help anybody. >> reporter: also yesterday, the president strongly defended social security, medicare and medicaid and with anp a parent jab at his defeated opponent mitt romney said those entitlement do not make us a nation of takers. republicans have long-held those entitlements are on the road to insolvency unless they are fundamentally restructured. martha. martha: doug, thank you. doug mckelway. bill: house republicans say they hope the move will shift the focus to spending and push the senate into passing a budget. remember it has been four years since the senate passed a budget in washington. >> i think it is about time the senate did its legal responsibility of passing a budget. we passed one each of
mickelson, why is he paying 62%, 63% tax? >> i like the nike add. >> all that, plus the opening bell in just a moment. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell is going to ring in a little less than 90 seconds. a busy week. everything from apple to microsoft to bristol-myers reporting earnings. we talked about some of the highlights. also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got
their fair share of taxes. he's just another elitist hypocrite when it comes to a fair share of security. protection for their children and gun-free zones for our kids. host: that the latest ad by the nra, put out yesterday, getting a lot of feedback about the ad invoking the president's children. the "washington times" has this headline this morning about president obama's event this morning. that is our question for all of you. if president obama acts on his own with executive action, do you support that idea? we're getting your take on that this morning. we will go to sandra in sulphur springs, texas, a republican. caller: how are you? i just have a question to ask the rest of the people listening. what about the fort hood shootings? has anybody thought about how many guns were there? the man walked in, he was a psychologist, he walked in and killed our soldiers at fort hood. . what is the gun ban going to do on that? what does obama think about that? host: what do you think about the president taking some actions on his own? caller: i don't think anybody ought to take our guns away.
taxes. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ breathes deeply, wind blows ] [ male announcer ] halls. let the cool in. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>brian: getting heat for suggesting he may make changes to his own life based on the increasing tax burden placed on successful americans especially in california. even forbes, a magazine featuring successful people, is jumping on the band wagon writing -- quote -- "mickelson should stop whining and give thanks for your good fortune." now h
, a way they can pay taxes and drive cars and live as human beings. if you want to talk from there to a path to citizenship, i think we can build a consensus around that by the steps would be required. it would be terrible to say we are going to have made them legal and they would never have an opportunity for citizenship. i think that would say something we would not like. the ambassador and i could probably debate the strategy on how to get from here to there but there is no question what is needed immediately is legalization and a path to get to where we would like to be. >> then you talk about the difference between now and 2007? are you more hopeful this time? >> i believe, there have been more people coming out in favor. there are people who have moderated their stance on this from six years ago and i think part of that is an understanding that no action is very bad for the country. i would also like to say, because i believe you have an asian background, the question about the future flow is excellent. this is not just about hispanic immigration, or undocumented immigr
to give their approval to allow 11 states to start preparations for imposing a tax on all financial market transactions and measures likely to unsettle banks and houses. for more on the story coming out of europe today, let us head to london to kelly evans who is standing by this morning. i like that necklace. i don't know what it means -- what it's saying to me. it kind of looks like -- >> it's telling you to buy goad, joe. it's a subtle signal to investors. i coordinate my wardrobe with the prevailing market move. >> yeah. >> i was thinking you were stepping out there. is that attached to the wall behind you? are you allowed to move or has ross got you -- >> it's attached to my wrist here with the same thing going on. >> oh, my god. i am actually chained to the desk here because ross westgate, lake-effect snow, is in davos and he will have the very latest out of there and "worldwide exchange" for the rest of the week. we'll also see maria bartiromo there. in the meantime, before that meeting gets under way, france and germany are celebrating their friendship treaty today. it's all about
is a tax credit that was part of the economic stimulus originally, he sought $500 and i think ultimately, law was less than that. that was a classic compromise that he did not get. another compromise was his promise to repeal the bush tax cuts for higher income. his goal was couples making more than 200th $50,000 or couples making $200,000 and the fiscal cliff deal did not achieve that. we rented that a compromise. let's go to fort lauderdale,. caller: with respect to not keeping a promise for negotiations with a health kicce -- i think that a somewhat wrong. i have watched the other representatives of congress on tv every day negotiating and debating and putting their facts together. the final decision between nancy pelosi and the head of the sun -- of the senate when they finally came out with exactly what the bill would be -- it was done behind closed doors. the putting together of the bills, people putting in their amendments, was actually done on cspan every day and i watched that. secondly, with respect to these people calling about taking away guns. there is nothing about taking a
bathrooms and two weeks from today you will be able to start filing your tax returns. but what happens if the irs doesn't like what you have to say? we have steps to follow coming up next. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. men, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, headache, diarrhea, vomiting, and increase in psa. see yo
. but there are enormous complexities in the tax accounting and operational challenge. can you say what your thinking is in that area? >> now that i have a voice again with some water, jet lag and a cold, you can't hold me back. money market funds will be one of the primary issues that the commission tackles in the coming months. you know, the process is under way, but quite frankly, we at the commission can and have been proceeding without too much reference to what's going on, and i think there is a new spirit at the commission working with the staff, industry and amongst the commissioners and the consensus that we need to take some action. obviously, there has been a lot of press about potentials involving the float. i have expressed that would be a great avenue to explore, recognizing, as you point out, there are pretty serious tax and accounting issues that have to be addressed and haven't been addressed even though this has been going around the industry for four, five years. on the accounting front, i'm hopeful that as the commission has authority over it, we can figure something out there, if
whether he wwll seek a hike in eithertheesales tax or gas tax...to payfoorhhghways and mass transitt 3 maayland officials labee thhs pear's inffuenza as 'wideepread.' ''idesppeed.'paul gessler protect yourself with a flu shot.paul-- & 3 itts onee hing to hear these pleas from health officials... but, i talkee to a family who paiifully knows all too welll.. how serious the flu pan be..--3 be. 3&pkrista respass, mother:"in every room, theee's a piece of jonah here, too."flu seasoo hits the espass family harder than most.krista: "you cut his hairr nd he looks like a baby again."their son, jonah, died five yearr ago.krista 3 sudden cardiac arrest, as a reeulttof the flu--the seasonal fll."krrstt and harryy &phad just brought jonah back respass, mother:"we knew riiht -3& away it was the flu, beccuse we had both had itt"harry respass, father:"within a couple hours later,,that's when everything changed." 3 90 minuues of mmetucking him 33 to check on him, he was gone.. jonah was 2 and a half years old.harryyrespass, father:"he woulddbe in thh eeond grade now."krist
middle class taxpayers were invited to the white house before a presidential speech on extending tax rates. >>> conservative media mogul rupert murdoch offered his thoughts on twitter. hopefully we'll get real actions on guns tomorrow, not some stage-managed stunt. >>> new york is the first state to tighten the gun control laws in the aftermath of newtown. andrew cuomo signed a wide-ranging bill last night. the package includes an expansion of the state's existing ban on assault weapons and lit limits gun magazines to seven rounds and requires mental health professionals to consider patients that are a possible threat. >> let's at least learn from what's happened. let's at least be able to say yes we went through terrible situations. but we saw, we learned, we responded and we acted and we're doing something about it. we're not victims. we can strike back. we can defend ourselves. but we're going to do it intelligently and we're going to do it prudently and we're going to put rules in place that actually protect innocent people and n. society. >> new york's law comes despite the nati
of the congress passed a step act in 1765, imposing a tax of the very size of every business license and legal document on up in the colonies, as well as every copy of every magazine and newspaper printed. not to mention every deck of playing cards, paradise employed by the county on lady luck to see them through hard times. the cries of outrage were heard all the ways across the atlantic. how could a government be so out of touch, colonists wanted? americans were already out of work, out of cash, and out of hope, burdened by sugar and molasses taxes, and sick and tired of an unwieldy bureaucracy rife with overpaid, incompetent, functionaries who had no interest in their struggle. colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other par
'll have more on that in a couple of moments. >>> coming up, the tax that is back, making paychecks small er >>> michelle obama celebrates her birthday and the president's upcoming inaugural with a brand new do. first this is >>> coming up, the ceo of the charity lance armstrong founded speaks out. >>> and a dog that looks like a simpson's character? we'll introduce you to tuna, after your local news. pleasures can simply hurt. the sadness, anxiety, the loss of interest. the fatigue and aches and pains. depression hurts. cymbalta can help with many symptoms of depression. tell your doctor right away if your depression worsens, you have unusual changes in behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or e
taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you -- >> right. >> it doesn't matter. that is the redistribution. >> that's the agal tearan notion or the equality, the fairness in outcome. >> i'll give it to him. we'll ask the question. >> i just hope you got fired up watching lance. >> i'm fired up watching lance. i'm fired up for that interview. >> i can tell he hurt you. i could tell from when you were over there, you
million r tax adjustment and $376 million from something and $700 million from reduced mortgage loan loss. jamie dimon said challenges still exist but as we look forward to 2013 -- let me finish this thought, we look forward -- we remain optimistic. we're committed to doing our part to speed the recovery of the housing market and we continue to see favorable credit conditions across our wholesale loan portfolios. at first blush. go ahead, andrew. introduce chris. >> chris whalen is here to respond to these numbers. i'm here to say they also put out on their website today. what do you make of these numbers? >> similar to welles making up a lot of earnings numbers with cost cutting, very important. a little light on revenue, i think the story of most banks going into 2013. my guess is interest margins continuing to squeeze because of the fed. >> that's not going to get better. >> the benefit from the fed has gone by on net and tt an alarmi rate and the time's gone >> what's your thoughts on loan growth. >> as jamie said he's trying hard to put on assets, everyone in the industry is. but wit
... governorr unveils... hiss.. 20-14... budget.... it... promises... n... new - taxes...// but... john rrdell says... that... ... is... rosy... "this budget will support 43,000 jobb throughoot our state."governor o'malley cclls his fiscal 20-14 budget...fiscally responsible. he says...after several yyarss of huge deffcits...maryllnd's economic pictuue is brightee. its longterm structural deficit...has nearlybeen - cuuhionn he bloo...from the &plingering stalmate inn congress...over raising the debt ceiling.(governor) "i we've made in termm of thee rainy day fund and he cash coming out o capitol hill." & but henna repooter asked... the governor aaoutthe possibility of increaaing was his reepy.(governor) "i'' not alkkig bout thatttoday but i donnt blame you for asking abouttit."(rrdell) "but as lawmakerssbegin to analyze this huge perating budget, 3 traasportatiin funding and -whether the governor will & eventually in either the ales taxxor the asollnn tax." (szeliga) "and it's billions and billions of dolllrs th
disposable income, exactly the kind of customers who bought for your stores and your tax base in the city. joe cortright also based in portland has done a lot of research into what that means and he took walk square based in seattle. raise your hand if you know about box score. most of you. reteach address in the world. i guess it's america. google maps data in terms of its workability. so joe cortright did a study and found it depends with 50 year reign, but every point is worth on average added 100 about $2000. every point on a 100-point scale figures in d.c. an empty lot is worth $200,000. people are paying more for these places. the premium for walkable housing versus drivable housing is about 50% in seattle, 150% of denver, 200%. the exact same footage rather than outside the city. seemed true for office rents. not the same ratios. in the d.c. area inside the beltway have jumped to 27% higher than the best office outside the city. so more and more people want this and they want to pay for it if your city has set for them. but the other great discussion called portland's workability d
on sunday shows looks like the senate might come up with a budget resolution. it includes tax increases. is that the way to solve this thing. >> no, tax increases are not going to solve our problem. ultimately what we have not a revenue problem or a tax problem although our tax code is bloated and distorted and not necessarily complex. we're not going to solve this problem through additional revenue, we'll solve it by change the way we spend money. jon: senator lee. wish you well. it would be interested to see if the balanced budget amendment makes it through this time. i have my doubts. but again, thanks for joining us today. >> thank you. >> something you probably have in your medicine cabinet right now could be a real danger to your eyesight. the brand new study linking a common painkiller to an increased risk of blindness that is coming up next. >>> plus israelis heading to the polls today. will benjamin netanyahu win another term and how the election results for our closest ally in the middle east could affect the region. >> plus what it means for an impending showdown with iran. w
share of taxes but he's another elitist hypocrite when it comes to fair share of security. >> reporter: the white house had no reaction to this nra accusation. and the coming gun control fight the white house expects very intense resistance on capitol hill to a reinstatement of the assault weapons ban and limiting the weapon magazines and the president will fight both but nd the biggest on fight is putting nk y gun sales under backglownd checks.ates >>> the leading "time" magazine cover shows michael bloomberg, vice president joe biden and former congressman gabrielle giffords who survived a shooting two years ago. for more on the politics john for more dickerson joins us now, john good mor good morning. >> good morning. >> let's start first with this new nra ad which criticizes the president as an elite ihypocrite crit and brings the president's daughters into the fight.the fight. is this getting personal? >> well it's already been pretty personal, but, yes, this is -- this is a very incendiary i message to the nra members and also, though, it's trying to
expressing some political or religious expressions. most of the state tags that most of the tax status ban are vulgar and hateful as they fall in those categories? sound off on our kron4 facebook fan page so we could share them on the kron4 morning news. >> and woman waiting on the platform of madrid metro fainted and fell onto the tracks as the train approached. an off-duty police officers bring into action and jumped onto the tracks and dragged her to safety. passengers on the platform tried desperately to warn the driver and the train was able to stop in time. the woman made a full recovery! we will be right back. >> we are tracking hot spots in the traffic center fremont 84 southbound at thornton just passed a turnoff for the dumbarton bridge. a multi vehicle accident blocking more than one lane of traffic and really look at what it's doing to the drive time from a were down to fremont. from 92 to fremont boulevard 67 minutes. the conditions are actually worse than the censors would indicate because there is some wait- and-see here and it has not quite updated. it is read out there rig
, michelle. >>> there once was a name barack whose re-election came as a shock, he raised taxes i pay and then turned marriage gay and now he's coming after your glock. captioning funded by cbs >>> welcome to "cbs morning news." i'm charlie rose in new york. norah o'donnell is in washington. on the morning after a very long inauguration day. >> that's right, d.c. police say more than 800,000 people came to the national mall to see president obama's swearing in. thousands of them stayed around to join the president for the inaugural parties last night, bill plante is at the white house. bill good morning. >> reporter: good morning, and good morning out west. the first event on this morning after happens in this hour the president and vice president and their wives attend the national prayer service. last night, the east room of the white house was the place for the hottest afterparty in town. entertainers like kelly clarkson and john legend, lots of politicians, friends of the president, all after the two official inaugural balls. >> my dance partner, michelle obama. >
money through taxes. >> it's going to be a great opportunity for us, because in our budget that we will pass, we will have tax reform which many of my republicans like but it will include revenue. >> the increase will likely happen tomorrow. >>> one other provision of the debt limit vote is either chamber of congress fails to pass it, the members will not get paid till they either pass a budget or until the 113th congress expires at the end of 2014. >>> the big question for football fans around here is, are you going to the super bowl? >> for most, the answer to that question is no. cbs 5 reporter cate cauguiran has details. >> reporter: season ticket holders were entered into a raffle as to how many tickets have available in that raffle, the niners have not said but those winners will be announced today. as for those niners fans that are not season ticket holders, the super bowl high could come down the moment you see the prices. fans right now are flocking to the web, to give you an idea, stub hub has them starting a little over $2000. at t
democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. susan mcginnis, cbs news, washington. >>> today is the 40th anniversary of the supreme court ruling that legalized abortion. in 1973 the roe v. wade decision said a woman has the right to abort a pregnancy setting off a national debate. today a pro choice group will hold a rally and walk in los altos, a demonstration against female enslavement at city hall in san francisco. >> three americans were killed in the algeria, seven others made it out alive. the militants offered to release two of the americans who died in exchange for the freedom of two prominent terror suspects behind bars in the u.s. the obama administration rejected that offer. >>> at least one person is dead from an earthquake that hit western indonesia this morning, i
. people forget reagan was able to get tax reform, bill clinton was able to get a balanced budget. certainly a big opportunity for the president but fully aware in the white house, a lot of challenges ahead as well, jenna. >> certainly not challenges for a father. nice to see the first family, ed, and how much the girls have grown up over the last four years. what we're looking at for the president tomorrow besides the hair styles and what everybody is wearing at the inauguration is what is he going to say? what will be the address to the nation tomorrow? you mentioned some policy challenges ahead. what are you hearing about tomorrow's address and how that might set the table, if you will, for the years to come? >> true. what i'm hearing is the state of the union address next month is really where the president will go with a deeper dive on policy, whether it be gun control, immigration reform, the debt ceiling debate. tomorrow's broad scene. his senior advisor will talk about bringing the country together. republicans are saying the early signals they've seen from the president a
and technology to remake our government, revamp our tax code, reform our schools and empower our citizens with the skills they need to work harder and learn more, reach higher. while the means will change, our purpose endures. nation that rewards the effort and determination of every single american. that is what this moment requires, that is what will give real meaning to our freedom. we, the people, still believe in every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. [ applause ] for we remember the lessons of our past when twilight years were spent in poverty and parents of a child with a disability had no where to turn. we do not believe that anyone country freedom is reserved for the lucky or happiness for the few. we recognize that no matter how responsibly we live our lives, any one of us at any time may face a jo
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that's a real ad. that, my friends, is political pornography. >> that's one of the grossest things i've ever seen in my life. >> i don't know what to say. joe? >> what's wrong with these people, mika? what's wrong with these people? you have children that had no say in the decision on whether their father was going to step forward to be president of the united states, to run for president, one of the most bone-crushing sacrificing things any husband or wife can do to their family. and the second they make that decision, their children and their entire family have targets on their backs. and the nra is putting something out like -- what's wrong with these people, putting out apps that 4-year-olds can play on the anniversary of the newtown murders, and now putting out an ad talking about the president's daughters? >> they are out of step, out of the mainstream, totally out of sync with what's going on in our society. and quite f
strong gains since q4 last year. this despite talk of delaying the property tax reform due to insufficient planning and law making. >>> in hong kong all eyes on the chief executive's maiden policy speech with a focus on measures to tackle the housing crisis. developers reversed earlier losses to finish in the green, but telecos and energy majors dragged the market lower, ending down by a minor .1%. elsewhere, south korea's kospi finished marginally in the red. apple suppliers continued to weigh down the market over demand concerns on the iphone 5. the australian market bucked the down trend with the defense of telecos and health care stocks lending support. the sensex in action trading down by .5%. back to you. >> all right. thanks for that. we'll take a break. >>> still will to come, hong kong selling out new plans to show up housing woes. >>> okay, let's bring you up to speed with stories. hong kong's chief executive has delivered his first policy speech outlining measures to cool property prices, reduce pollution, and improve welfare. he said it's necessary to curb specu
they will need to save a bit, increase taxes, but now it's clearly showing that their budget can be taken under control, as well. because if not, i think the market is going to punish them, either with a credit downgrade or with higher yields. and that seems to be the trend for 2013. that's higher yields are almost a given. >> sorry. people are going to stop buying u.s. treasuries. what had are they going the buy instead? >> well, i would like an acronym on that one. it's call tiana. there is an alternative and the alternative would be equity. what we've seen is there's a rotation within the fixed income sector going from, let's say, the save bonds cash, save bonds and up the scale on the corporate level. first investment grade to now we see many investors buying high yield and emerging market debt. but i think they haven't crossed the bridgette towards equity. and that's just a matter of time. if the yields on, the high yields are at the same level. i think you actually make an upgrade on your credit policy and you have the same -- the same level of income. but i think that is clearly an alter
. without unity and republicans are divided in house they stand no chance of blocking any tax increases that democrats are so intent on. jenna: we'll watch in the weeks to come, doug, thank you. >> reporter: okay. jon: new troubles for boeing's airliners. troubles grounding all the 787s in japan's after one of the jets was forced to make a emergency landing today. dan springer is in seattle with the details on what happened. none of these planes have crashed, no serious injuries but still a big problem for boeing, huh? >> reporter: that's right. for more perspective, jon, worldwide there are six 787s flying. four of them left to the u.s. or coming to the u.s.. this is not a worldwide panic. this latest incident happened in western japan during a flight on all nippon airways. a warning light came on. a the pilot smelled smoke. it caused a landing early landing but they confirmed there was no fire but a smoke coming from a lithium-ion battery that sits behind the cockpit. looks like another electrical problem for the 787 but not the same battery that caught fire after landing in boston. t
wanted 45 cents. intel turned in 48. looks pretty good, right? part of that was due to a tax benefit. intel specsed a tax rate of 27% and got 23%. that helped a bit. gross margins came in stronger than expected at 58% where intel had guided to a mid point gross margin of 57%. but there was bad news beyond that for the investment community. for q11, intel guided to a mid point in revenue of $12.7 billion, plus or minus a half a billion dollars. and for the full fiscal year, 2013, intel said just expect low single digit revenue increases, growth margin to 60% and cap ex at $13 billion. that is a couple billion higher than wall street had expected. >> jon fortt there. we'll have more on china to come. our next guest weighs in. don't go anywhere. >>> welcome back to "worldwide exchange." china's economy rebounds in the fourth quarter topping expectationes and snapping seven straight quarters of slowing growth. the british government says there's no indication the hostage crisis is over in algeria. this as reports emerge that dozens may have been killed in the rescue operations. >>> intel
to 6 inches. we'll get your local weather after this message. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. >> announcer: "today in the bay" weather is sponsored by bank of the west. >> 7:19 on wednesday morning. good morning. i'm christina loren. it's another cold start to the day. temperatures in the 20s and 30st. 28 in concord. 28 degrees in santa rosa to start. we are headed to the 60s. upper 50s bay side and at the coast today. we'll see temperatures climb as we progress through the end of the week. up to 68 degrees by the weekend. santa cruz getting warmer than that. mid 70s possible sunday. >>> and that's your latest forecast, guys. >> dylan, thank you very much. >>> crash course on what you should try to avoid touching as we enter the peak of this nasty flu season. >>> ryan seacrest up early, live in our studio. first, this is "today" on nbc. >>> coming up, one of the world's
that is on the airwaves now. watch this. >> mr. obama demands the wealthy pay their fair share of taxes but he is just another elitist hypocrite when it comes to a fair share of security. protection for their kids, and gun free zones for ours. bill: that is part of it. wendell goler live on the north lawn. what is the reaction to the nra ad, wendell. >> reporter: frankly none, bill. aides say they have no more desire for a confrontation with the nra than they already have. people will see secret service protection for the first family is no more elitist than protection for the president himself. in the wake of the newtown massacre, polls show public opinion in favor of many measures mr. obama will announce today. press secretary jay carney says it will take more than gun controls to make our children safe. >> this is something that we have to address as a nation. it is not something you can do alone through executive action. it is not something you can do with even a series of laws that, congress might pass. this is a problem that touches on a variety of areas of american life. and it needs to be appr
jobs. without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government means gross and a gradual increase while california shrinks. i hope the country watches and learns. that is our show. oee you next time. seven. the white house and state department confirming only the presence of some american citizens among the hostages, obviously relying principally on the algerian government for most of its information, although the united states has had drones over that plant for much of the time. so at this hour this is what we do know, that the algerian government has concluded
some of the romney tax cut proposals. but let's look at this from a progressive perspective -- see, it's starting to hit me -- >> there you go, the vodka. >> you know, as senator coburn says, if we don't do some common sense rational things, in 20 years or in 15 years or even in 10 years, we're going to have a budget that is completely taken up by entitlements in the pentagon. and that will be the only thing we're capable of funding. it's the only thing we'll be able to use the power of some progressive government to try to change. you can't be -- i don't think you can be a really good advocate for education, if at the same time, you also don't make a powerful argument to get our priorities in order and make sure that we're capable, as a society, of responding to what we need to, because we are not fixed into a budget math problem that is so intractable as senator coburn says, that we sort of just drive off the edge. >> and michael, we have no money for discretionary domestic spending to invest in education, infrastructure, r&d. >> right. >> the things that government, we've grown to e
manage hunger and diabetes. with h&r block's messed-up tax second look,there. er smart. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. with fancy feast mornings gourmet cat food. (announcer) make mornings special, mornings are delicious protein rich entrees with garden veggies and egg. fancy feast mornings. the best ingredient is love. people have been daring them to clean up tough messes. [ phone ding! ] another dare. they're proving that viva doesn't play by the rules. dunk it again for the close-up. my fans think a paper towel can't handle this. ♪ that is tough when wet. at least the fame hasn't gone to their heads. [ peggy ] grab viva and break the rules on all your tough messes. the camera loves your mom. she's a natural. >>> u.s. presidents undoubtedly have one of most demanding jobs around. the "washington post" ran a sthier explained the stress -- story that explained the stress presidents face can make them age twice as fast. that makes you want to sig
. we have ground to cover. typically it comes later. payroll taxes all that stuff. the economy definitely impacts people. the thing that is great about this is helps build communities. >> what is incredible is it grows expedientially each year. there is such good karma people love to give to this cause. >> there is something for everybody. special olympics provide through sport the opportunity to bring athlete and people in the community who might not otherwise interact with them together. the plunge brings people together from all walks of life all economic stratus all for great cause of special olympics. >> you know john said it's supposed to get very cold this week. >> yes, he did. i understand that. >> how are you feeling? >> i am feeling great and so is everybody who is going to get out there. not too late to sign up. >> great. thank you. congratulations on your new job. >> thank you so much. great to be here. >>> maryland state police bowl lar bear plunge january 25th and 26th at sandy points park at plunge maryland.com. for more information www.somd special olympics if y
it the curb. and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened bef e before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the bond holders, but not
to remember is this republicans republicansn a beating. liberalism i think we would agree, which is all tax and all spend will not work he or she stein once said if something can't go on it won't go on it will stop. it all stopped in europe. you can only go on spending, racking up the debt and at one point the merry go round stops. it's going to stop for the united states. you cannot have trillion-dollar deficits every year. >> the pain is going to be unbelievable. >> if liberalism does not work and it doesn't, it will be rejected. and the conservatives will find their leader. they always do. >> bill: i'm not disagreeing that will happen down the road but i don't want a catastrophe before it happens. and i think that's where we are headed. >> i agree with you on that. >> would've. charles thank you. in a moment al qaeda tries to take over a country in africa and the french are trying to stop it will the u.s.a. join the fight. factor tip of the day, do not fool around with mother nature. we're coming right back. for ye. both of us actually. our pharmacist recommended it. and that makes me fe
absorbent. plus you can use four times less. charmin ultra soft. with h&r block's messed-up tax second look,there. plus you can use four times less. people bring in old tax returns, and i'm like, "who did this to you?" don't worry, i'll fix it. i'll go back three years... and get you every single deduction out there. ♪ oh-oh-oh, oh, oh ♪ sometimes ♪ i get a good feeling ♪ yeah ♪ get a feeling that i never, never, never, never had before ♪ ♪ no, no, i get a good feeling ♪ ♪ [ female announcer ] all this... only on royal caribbean. call 1-800-royal-caribbean today. ♪ ♪ [ male announcer ] you don't have to be a golf pro to walk like one. ♪ when you walk 10,000 steps a day, it's the same as walking a professional golf course. humana. health and well-being partner of the pga tour. i need all the help i can get. i tell them, "come straight to the table." i say, "it's breakfast time, not playtime." "there's fruit, milk and i'm putting a little nutella on your whole-wheat toast." funny, that last part gets through. [ male announcer ] serving nutella is quick and easy. its gr
're going to sell it to me, you have to go through all kinds of registration, pay taxes, do all of other things. we transferred one of our cars to one of our sons here recently. we had to go through the motor vehicle department transfer, whatever. why somebody should be able to go into a gun show and buy any kind of a thing, on any kind of the background check you might have otherwise, at least -- i can't understand that. i really can't. i think we should have stricter background checks. i think they should be real ones. if you have the restraining orders on you, other things, we ought to be able to do that. i realize every state's different. vermont has virtually no gun laws. you can carry loaded concealed weapon in vermont this afternoon if you were there with no permit. we also have one of the lowest crime rates in the country but not because of that. we are as a society we are very law-abiding, but would that stop somebody who is mentally unhinged from going out and using a gun, knife, or anything else to kill people? no. the president's right when he says there are a whole lot -- i'
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